When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CPLG - CorePoint Lodging: Land On Baltic Avenue And Get Paid 8.7%
CorePoint Lodging Inc.
As you may recall, we recently upgraded shares in Hersha Hospitality (HT) to a Strong Buy. That was based on the company’s:
Continued prudent asset recycling
Strong insider ownership (around 11%).
Deep valuation (8.5% dividend yield).
We also like the price appreciation potential for this lodging real estate investment trust, or REIT. And we’re continuing to cast nets looking for similar deep-value prizes.
To be clear, we do recognize that the lodging sector can be risky. It’s the most exposed to recession risk – precisely why we’ve continued to be extremely tactical in